AUDCHF: Bearish Outlook & Trading Plan 🇦🇺🇨🇭

Short

Australian Dollar / Swiss Franc (OANDA:AUDCHF)

Updated

OANDA:AUDCHF Australian Dollar / Swiss Franc

Double Top or Bottom Multiple Time Frame Analysis Candlestick Analysis AUDCHF priceaction priceactionanalysis priceactiontrading priceactionstrategy australiandollar swissfranc

doubletoporbottom mtfa candlestick audchf priceaction priceactionanalysis priceactiontrading priceactionstrategy australiandollar swissfranc

snapshot

AUDCHF is testing a key horizontal supply area.

A bearish breakout of a neckline of a double top pattern on an hourly time frame
gives us a strong bearish confirmation.

We may anticipate a bearish continuation to 0.5733

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Trade closed: target reached:

Target reached!

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